Digital Readiness

The Karnataka government will embark on an ambitious project of digitising property tax records of all 20 lakh properties in Bengaluru and issue digital e-Khata (legal document issued to property owners) from fiscal year 2024-25, Chief Minister Siddaramaiah said in his budget speech on Friday. Noting that the state capital was headed towards a record' tax collection of Rs 4,300 crore in the current fiscal, which is Rs 1000 crore more than 2022-23, Siddaramaiah said the target in 2024-25 will be Rs 6,000 crore. This target of Rs 6,000 crore revenue will be achieved by preventing leakages in the tax collection system, he said. Siddaramaiah said additional non-tax resources of Rs 2,000 crore will be mobilised through revised advertisement policies and premium Floor Area Ratio (FAR) policy from this fiscal year. FAR is a formula based on the building's construction area and total floor area that is usable. The Chief Minister said augmentation of resources, reducing traffic congestion,

Mittal also backed the Digital Public Infrastructure (DPI) or the India Stack of technologies to ensure last-mile inclusion and digital adoption

Digital credit in India is going to become bigger than the digital payment system and will add 1-2 per cent growth to the country's economy, Union Minister Ashwini Vaishnaw said in an online video. The video reel uploaded on YouTube shows Vaishnaw in conversation with the Google leadership team, including Google Senior Vice President for Devices and Services Rick Osterloh. During the conversation, Vaishnaw while talking about Svanidhi Scheme said that Prime Minister Narendra Modi's work has been focused towards benefitting people at the bottom of the pyramid. "Digital credit is going to be bigger than digital payments because there is so much entrepreneurial energy out there in the country and the access to credit is what was holding it back. Once you have easy access to credit at a basically competitive rate, I can tell you this country will have 1-2 percentage points of additional growth because of digital credits," the minister said. He was speaking to the Google leadership on t

Kamats Restaurants on Saturday said it has collaborated with IDFC First Bank for easy registration and recharge of FASTag at its outlets along the highways in Maharashtra and Gujarat. Under this partnership, users can now register for a fresh FASTag or recharge their existing FASTag accounts at Kamats outlets, the restaurant chain said in a statement. "We are proud to be at the forefront of a convenient digital space in the restaurant industry. By teaming up with IDFC First Bank and integrating FASTag technology into our operations, we are not only making FASTag buying and recharging convenient while taking a meal break on the highways for our customers but also contributing to the digital transformation of India," Vikram Kamat, Founder and Chairman of The Vitskamats Group, said. There are 137 Kamats Restaurants in Maharashtra and Gujarat, including those in the two cities as well as along the highways.

Digital map company CE Info Systems, which operates under MapMyIndia brand name, posted nearly 18% increase in its consolidated profit at Rs 24.2 crore in the April-June quarter of FY23.

To begin with, Infosys identified 36 skills that were important and created learning pathways

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

From omnichannel, to AI, to 3D technology, the fashion industry is in the middle of a digital revolution

Under Manav Garg's leadership, commodities and direct materials tech firm Eka Software grew 60% in the past 12 months and is on track to cross $100 million in revenue

A report published by Knolskape, an employee development programme, gauges the digital readiness of companies